Tag Archives: performance

Wells Fargo: Culture Eats Strategy (again) and (this time) the CEO

Over the decades organizational culture has devoured hundreds, if not thousands of strategies. One of the most recent examples is the case of Wells Fargo, where culture not only ate a long-standing, apparently successful strategy but last week also consumed … Continue reading →

Posted in Change, General, Leadership, Strategy | Tagged acquisitions, banking, Carrie Tolstedt, Cartesian mindset, cross-selling, culture, ethical code, ethics, Goldman Sachs, Jack Welch, John Stumpf, mega-bank, mergers, muppets, Norwest Corporation, outcomes, performance, process, scale, strategy, Timothy Sloan, Wachovia, wells fargo | Comments Off on Wells Fargo: Culture Eats Strategy (again) and (this time) the CEO

Strategy as the Creation of Power: The Lion versus the Fox

This week my blog consists of the review I wrote for Strategy+Business of Lawrence Freedman’s Strategy – a History: Lawrence Freedman defines strategy as the central political art. “It is about getting more out of a situation than the starting … Continue reading →

Posted in General, Strategy | Tagged Albion Small, annihilation, attrition, Clausewitz, cunning, David, fox, Goliath, Greeks, improvisation, Kahneman, Lawrence Freedman, lion, Machiavelli, narrative, Odysseus, performance, Romans, script, strategy, strength, Trojan Horse | Comments Off on Strategy as the Creation of Power: The Lion versus the Fox